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Escorts' total tractor exports sales increased by 42.4% in May

Escorts' total tractor exports sales increased by 42.4% in May

Published By : Khetigaadi Team   132

Exports of tractors rose 42.4% in May month at 339 units versus 238 units in a similar period a year prior. Exports in the initial two months of FY20 spurted 87% at 617 units vs. 330 units in a similar period a year back, the organization said in a press note to the trades on Saturday.

The company reported domestic tractor sales at 6,488 units, which is 19.8% down from 8,087 units in May 2018.

Escorts informed that the organization enrolled 18% fall in May at 6,827 units contrasted with 8,325 units in May 2018.

The organization revealed domestic tractor deals at 6,488 units, which is 19.8% down from 8,087 units in May 2018. Deals in the initial two months of FY20 dropped 19.1% at 11,474 units vs. 14,181 units in a similar period a year back.

Escorts Ltd finished at Rs599.05 somewhere near Rs17.7 or 2.87% from its past shutting of Rs616.75 on the BSE.

The scrip opened at Rs619.75 and contacted a high and low of Rs620.50 and Rs592.55, individually. A sum of, 23,86,718 (NSE+BSE) shares were exchanged on the counter. The present market top of the organization is Rs7,343.15cr.



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